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Mitani Sekisan Co (TSE:5273) Inventory-to-Revenue : 0.23 (As of Dec. 2023)


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What is Mitani Sekisan Co Inventory-to-Revenue?

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Mitani Sekisan Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円4,799 Mil. Mitani Sekisan Co's Revenue for the three months ended in Dec. 2023 was 円21,304 Mil. Mitani Sekisan Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.23.

Mitani Sekisan Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 stayed the same from Sep. 2023 (0.23) to Sep. 2023 (0.23)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mitani Sekisan Co's Days Inventory for the three months ended in Dec. 2023 was 26.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mitani Sekisan Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.44.


Mitani Sekisan Co Inventory-to-Revenue Historical Data

The historical data trend for Mitani Sekisan Co's Inventory-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitani Sekisan Co Inventory-to-Revenue Chart

Mitani Sekisan Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.05 0.05 0.05 0.05

Mitani Sekisan Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.23 0.23 0.23 0.22

Competitive Comparison of Mitani Sekisan Co's Inventory-to-Revenue

For the Building Products & Equipment subindustry, Mitani Sekisan Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitani Sekisan Co's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mitani Sekisan Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mitani Sekisan Co's Inventory-to-Revenue falls into.



Mitani Sekisan Co Inventory-to-Revenue Calculation

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Mitani Sekisan Co's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (A: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )
=( (4281 + 4444) / 2 ) / 83116
=4362.5 / 83116
=0.05

Mitani Sekisan Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (4631 + 4966) / 2 ) / 21304
=4798.5 / 21304
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mitani Sekisan Co  (TSE:5273) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Mitani Sekisan Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=4798.5/16519*365 / 4
=26.51

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Mitani Sekisan Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=16519 / 4798.5
=3.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mitani Sekisan Co Inventory-to-Revenue Related Terms

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Mitani Sekisan Co (TSE:5273) Business Description

Traded in Other Exchanges
N/A
Address
1-3-1 Toyoshima, Mitani Building, Fukui-shi,, Fukui, JPN, 910-8571
Mitani Sekisan Co., Ltd. is a Japanese company. It is engaged in the production and sales of concrete secondary products, manufacture, and sale of gravel products, foundation work, and rental for revetment. The company focuses on manufacturing gravel and stones which are used for civil engineering construction, railway tracking and pavement roadbed materials, raw concrete and various concrete secondary products, aggregates of asphalt composite material and construction materials. It also produces concrete piles and poles and environmental products. The Information-Related Business deals with computer peripheral sales and consigned software production.

Mitani Sekisan Co (TSE:5273) Headlines

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